I dont know why "psychology " its so over hyped, so "hard" etc etc.. its very easy: 1.- learn to trade a freaking instrument WELL, including understandingg the fundamentals (it can help or be the actual thing that move X market, like oil) 2.- Use a ...

Book Discussion: The Hour Between Dog and Wolf by Dr. Coates

Dont worry man, it takes a lot to upset me in anyway (i can use bad words sometimes or sound harsh but trust me i dont "feel" like that) Want some ideas?? you are right, trading "reversals" its just trying to guess a major turning point wich in ...

(binned per thread starter’s request) A collaboration and share

As long as you are dealing with random sized candles NO SINGLE INDICATOR WILL GIVE YO ANY KIND OF ACCURACY.. EVER.. PERIOD There is no "secrets" or techniques or different ways of calculation, nothing.. Dont try to find the "secret" combo because it ...

(binned per thread starter’s request) A collaboration and share

A few tips: 1.- Stop looking for a "good" indicator when every single candle its of a random size and data.. you wil NEVER EVA EVA going to find one that its fairly accurate on its own with that kind of data and that works in all the market ...

(binned per thread starter’s request) A collaboration and share

Oil its fairly easy to trade if you know the fundamentals; you dont even need a "strategy" with indicators and all that crap, just basic support/resistance and know when its going to move, thats it Actually its easier than forex

Sweet, sweet Oil

Simple: its the action of moving the Stop Loss to a "break even" point wich its the entry price + spread/comission/whatever.. In practice it means that IF the price retrace back until this point you dont lose money, you end up in a "break even" ...

Trailing Stop or Take Profit?

You are NEVER going to grow an account to meaningfull levels risking 1% per trade.. ever.. period Why? because for the next trade you "advance" 1% of the new capital for the next trade ( oh cool its getting bigger lol) BUT if you lose you are now ...

Question on risking 1%

Right now YES its doable, specially with the new USD interest rate and the threat of goverment shutdown the market can and WILL move.. just follow it, easy trades coming

Trading during the holiday season

breakeven + spread/comission as soon as you can !! if you have a good strategy to place your trades the market WILL move in your favor at least the same risked pips so you can move to BE easily and enjoy free trades (probably). In the end you either ...

Trailing Stop or Take Profit?

LOL.. Dont be a meany, remember that at least 95% of the "traders" have no idea what they are doing and presenting "feats" like this will automatically gets rejected !! Anyway, nice performance and im bringing the popcorn if you want

10% per month

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The FCA considers banning binary options and restricting CFDs

"but less leverage its good because *insert random noob opinion and logic here* " Enjoy getting shafted !!! on second thoughts I guess its an european thing.. Enjoy an every day more restrictive kind of life =)

The FCA considers banning binary options and restricting CFDs

Doesnt matter the symmetry its the same since its renko

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Its easy to see the lack of knowledge about this kind of money management; EVERYONE focus in the "strategy" targets, time frame and all that (wich its not hard at all if you know how to trade) BUT NO ONE understand the limitations after a certain ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

For me its since i trade intraday (london/maybe new york session in the morning morning session only) this is what i do: 1.- Sunday: check the upcoming week high impact news and mark day/time of them (to avoid placing a trade at the wrong time even ...

Organisation: How do you plan, record, or register your trades

Its better a screenshot of when you enter and when you exit (if manually or target got hit SL/TP whatever) that way you can be sure you are following your system rules.. or not (big fail on you) Numbers in an excel sheet doesnt matter

Do you record your trades?

If you want to become a succesfull trader you need to become Fueled by GREED right from the start !!! What are you going to do with the money if it doesnt motivate you to earn it in the first place?? this is NOT a hobby its an income !!!!! If why ...

How many years to become profitable?

Because they are not even consistent with their life !! trading its just another facet of life that shows them how inconsistent and unreliable they are as a human

How many years to become profitable?

15m/5m (if you are into those time frames) slap the same Moving Average lenght/type in both (not too long/short), mark when the price breaks up/down the MA in 15M/5M, then go to 5M and watch the price action there for confirmation and entry point; ...

how to find which pairs are trending {i'm a day trader}

range bars, renko, 3 line brake (nice when you know how they work), etc you can google "price based charts" and discover them on your own.. i personally use renko now, super easy, reliable and above all 100% constant variables (other than some crazy ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest